Industrial Lubricants Market Size, Share & Trends Analysis Report By Product (Process Oils, General Industrial Oils, Metalworking Fluids, Industrial Engine Oils), By Application, By Region, And Segment Forecasts, 2023 - 2030
Industrial Lubricants Market Growth & Trends
The global industrial lubricants market size is expected to reach USD 72.08 billion by 2030, registering a CAGR of 3.9% according to a new report by Grand View Research, Inc. Improving PMI indices across the globe and resultant rise in production capacities are anticipated to boost the demand for industrial lubricants. Moreover, rising manufacturing activities are touted to spur investments in production machinery, thereby creating a strong growth potential for industrial lubricants.
High consumption of general industrial oils generate significant revenue attributing to the growth of industrial lubricants market. Related industries, such as chemicals, unconventional energy and mining, are slated to witness considerable growth. This trend is anticipated to further boost the product demand in compressors, industrial engines, hydraulics, centrifuges, and bearings. Companies are investing heavily in R&D for the development of innovative products to gain competitive edge in the industry. There has been a shift in trend towards use of bio-based raw materials due to rising awareness regarding the need for emission reduction and energy conservation.
Industrial Lubricants Market Report Highlights
- Product demand in Europe is expected to grow at a CAGR of 2.8% over the forecast period owing to increasing industrial activities along with modernization of industrial machinery
- Saudi Arabia accounts for a major share of the global oil reserves. Heavy investments in education & infrastructure development by the government to reduce unemployment will have a positive impact on the regional market
- Companies have undertaken strategies, such as mergers and acquisition, to enhance their product offerings and strengthen regional presence
- Manufacturers of industrial lubricants market are aiming to achieve optimum business growth by implementing other strategies including joint venture, capacity expansion, product development, and R&D investments
- Chapter 1 Methodology And Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
- 1.4 Research Scope And Assumptions
- 1.4.1 List Of Data Sources
- Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
- 2.3.1 Market Concentration
- 2.3.2 Market Characteristics
- 2.3.3 Market Participants
- Chapter 3 Industrial Lubricants Market Variables And Trends
- 3.1 Market Lineage Outlook
- 3.2 Industry Value Chain Analysis
- 3.2.1 Raw Material Outlook
- 3.2.2 Manufacturing Trends
- 3.2.3 Sales Channel Analysis
- 3.3 Price Trend Analysis
- 3.3.1 Factors Affecting Prices
- 3.4 Regulatory Framework
- 3.5 Market Dynamics
- 3.5.1 Market Driver Impact Analysis
- 3.5.2 Market Restraint Impact Analysis
- 3.5.3 Industry Challenges
- 3.5.4 Industry Opportunities
- 3.6 Industry Analysis Tools
- 3.6.1 Porter’s Analysis
- 3.6.2 Macroeconomic Analysis
- Chapter 4 Industrial Lubricants Market: Supplier Portfolio Analysis
- 4.1 List Of Raw Material Suppliers
- 4.2 Portfolio Analysis/Kraljic Matrix
- 4.3 Engagement Model
- 4.4 Negotiation Strategies
- 4.5 Sourcing Best Practices
- Chapter 5 Industrial Lubricants Market: Product Estimates & Trend Analysis
- 5.1 Product Movement Analysis & Market Share, 2022 & 2030
- 5.2 Industrial Lubricants Market Estimates & Forecast, By Product (Kilotons) (USD Million)
- 5.2.1 Process Oils
- 5.2.2 General Industrial Oils
- 5.2.3 Metalworking Fluids
- 5.2.4 Industrial Engine Oils
- 5.2.5 Greases
- 5.2.6 Other Products
- Chapter 6 Industrial Lubricants Market: Application Estimates & Trend Analysis
- 6.1 Application Movement Analysis & Market Share, 2022 & 2030
- 6.2 Industrial Lubricants Market Estimates & Forecast, By Application (Kilotons) (USD Million)
- 6.2.1 Metalworking
- 6.2.2 Textiles
- 6.2.3 Energy
- 6.2.4 Chemical Manufacturing
- 6.2.6 Food Processing
- 6.2.7 Hydraulic
- 6.2.8 Others
- Chapter 7 Industrial Lubricants Market: Regional Estimates & Trend Analysis
- 7.1 Industrial Lubricants Market: Regional Outlook
- 7.2 North America
- 7.2.1 North America Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2 U.S.
- 7.2.2.1 Key Country Dynamics
- 7.2.2.2 U.S. Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3 Canada
- 7.2.3.1 Key Country Dynamics
- 7.2.3.2 Canada Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.4 Mexico
- 7.2.4.1 Key Country Dynamics
- 7.2.4.2 Mexico Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3 Europe
- 7.3.1 Europe Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.2 Germany
- 7.3.2.1 Key Country Dynamics
- 7.3.2.2 Germany Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.3 France
- 7.3.3.1 Key Country Dynamics
- 7.3.3.2 France Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.4 U.K.
- 7.3.4.1 Key Country Dynamics
- 7.3.4.2 U.K. Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.5 Italy
- 7.3.5.1 Key Country Dynamics
- 7.3.5.2 Italy Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.6 Spain
- 7.3.6.1 Key Country Dynamics
- 7.3.6.2 Spain Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.7 Russia
- 7.3.7.1 Key Country Dynamics
- 7.3.7.2 Russia & CIS Countries Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.8 Netherlands
- 7.3.8.1 Key Country Dynamics
- 7.3.8.2 Netherlands Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.9 Switzerland
- 7.3.9.1 Key Country Dynamics
- 7.3.9.2 Switzerland Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.2 China
- 7.4.2.1 Key Country Dynamics
- 7.4.2.2 China Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.3 India
- 7.4.3.1 Key Country Dynamics
- 7.4.3.2 India Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.4 Japan
- 7.4.4.1 Key Country Dynamics
- 7.4.4.2 Japan Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.5 South Korea
- 7.4.5.1 Key Country Dynamics
- 7.4.5.2 South Korea Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.6 Kyrgyzstan
- 7.4.6.1 Key Country Dynamics
- 7.4.6.2 Kyrgyzstan Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.7 Southeast Asia
- 7.4.7.1 Key Country Dynamics
- 7.4.7.2 Southeast Asia Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.8 Oceania
- 7.4.8.1 Key Country Dynamics
- 7.4.8.2 Oceania Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.5 Central & South America
- 7.5.1 Central & South America Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.5.2 Brazil
- 7.5.2.1 Key Country Dynamics
- 7.5.2.2 Brazil Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.5.3 Argentina
- 7.5.3.1 Key Country Dynamics
- 7.5.3.2 Argentina Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.5.4 Chile
- 7.5.4.1 Key Country Dynamics
- 7.5.4.2 Chile Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.5.5 Colombia
- 7.5.5.1 Key Country Dynamics
- 7.5.5.2 Colombia Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.7 Middle East & Africa
- 7.7.1 Middle East & Africa Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.7.2 Iran
- 7.7.2.1 Key Country Dynamics
- 7.7.2.2 Iran Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.7.3 Oman
- 7.7.3.1 Key Country Dynamics
- 7.7.3.2 Oman Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.7.4 UAE
- 7.7.4.1 Key Country Dynamics
- 7.7.4.2 UAE Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.7.5 Qatar
- 7.7.5.1 Key Country Dynamics
- 7.7.5.2 Qatar Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.7.6 Kuwait
- 7.7.6.1 Key Country Dynamics
- 7.7.6.2 Kuwait Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.7.7 Saudi Arabia
- 7.7.7.1 Key Country Dynamics
- 7.7.7.2 Saudi Arabia Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.7.8 South Africa
- 7.7.8.1 Key Country Dynamics
- 7.7.8.2 South Africa Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.7.9 Angola
- 7.7.9.1 Key Country Dynamics
- 7.7.9.2 Angola Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.7.10 Nigeria
- 7.7.10.1 Key Country Dynamics
- 7.7.10.2 Nigeria Industrial Lubricants Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Chapter 8 Industrial Lubricants Market – Competitive Landscape
- 8.1 Recent Developments & Impact Analysis, By Key Market Participants
- 8.2 Company Categorization
- 8.3 Company Market Share Analysis, 2022
- 8.4 Company Heat Map Analysis
- 8.6 Strategy Mapping
- 8.7 Company Listing (Company Overview, Financial Performance, Product Benchmarking)
- 8.7.1 Exxonmobil Corp
- 8.7.2 Fuchs Group
- 8.7.3 The Lubrizol Corporation
- 8.7.4 Royal Dutch Shell
- 8.7.5 Phillips 66
- 8.7.6 Lucas Oil Products, Inc.
- 8.7.7 Amsoil, Inc.
- 8.7.8 Bel-Ray Co., Inc.
- 8.7.9 Total S.A.
- 8.7.10 Kluber Lubrication
- 8.7.11 Valvoline International, Inc.
- 8.7.12 Chevron Corp.
- 8.7.13 Clariant
- 8.7.14 Quaker Chemical Corp.
- 8.7.15 Zeller+Gmelin Gmbh & Co. Kg
- 8.7.16 Houghton International, Inc.
- 8.7.17 Castrol
- 8.7.18 Blaser Swisslube, Inc.
- 8.7.19 Calumet Specialty Products Partners, L.P.
- 8.7.20 Petronas Lubricant International
- 8.7.21 Idemitsu Kosan Co., Ltd.
- 8.7.22 Yushiro Chemical Industry Co., Ltd.
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